McCain-connected Nevada bank fails

U.S. banking officials have shut down a Nevada bank whose board once included the son of Republican U.S. presidential nominee John McCain. Silver State Bank of Henderson, Nev., became the largest of 11 banks to fail so far this year in the wake of the credit crunch, the Wall Street Journal reported Saturday. Andrew McCain, the adopted son of the U.S. senator from Arizona from his first marriage, is not accused... [read full story]